Author: NBTC

Institutional investors will now have direct access to decentralized finance through Finery Markets. The multi-asset platform has integrated Yield.xyz, a DeFi yield aggregator, giving clients a simplified way to earn returns on stablecoins and other digital assets. Expanding Institutional Access The integration provides access to more than 1,000 yield strategies across 75 blockchains. Through Finery Markets’ interface, institutions can allocate idle balances into DeFi protocols and stablecoin staking as part of their treasury operations. According to the company, Finery Markets has embedded Yield.xyz’s gateway into its trading environment. Institutions can now connect with Aave, Morpho, and Compound Finance on Ethereum,…

Vitalik Buterin highlights leanVM, a zkVM proposal aiming to cut commitment costs with four-instruction ISA and multilinear STARKs. LeanVM focuses on XMSS aggregation and recursion, with current 2.7s recursion targeted for a tenfold performance improvement. Ethereum co-founder Vitalik Buterin has once again delivered a major update that has caught the attention of many in the crypto community. Buterin emphasized that throughout this year, the development team has successfully pushed Ethereum further in three key areas: scalability, decentralization, and network durability. He stated that several short-term goals are even close to being achieved, something that has been long awaited. The lean…

Ikuyo, a Japanese automotive parts manufacturer, decided to underwrite a 300 million yen, $2 million, third-party allocation of new shares to US-based Galactic Holdings, Inc. This investment signals the automotive industry’s blockchain payment transformation across global supply chains. Stock Rallies to Unprecedented Highs Following a strategic digital currency investment disclosure, Ikuyo shares reached unprecedented highs this week. The 300 million yen commitment to Texas-based blockchain payment provider Galactic Holdings represents calculated expansion. Moreover, investor enthusiasm reflects growing crypto appetite in established industries. Overall, traditional automotive supply chain financing faces pressure from inefficient cross-border systems. Digital currencies, however, reduce settlement times…

U.S.-based cryptocurrency exchange Coinbase has added several altcoins, including Sei, Pepe, and Pump, to its list of tokens supported as collateral for perpetual futures trading. Summary Coinbase has announced new eligible collateral tokens for perpetual futures trading, including Sei, Pepe and BONK. The exchange adds to assets included in June, with the customers of Coinbase International Exchange and Coinbase Advanced. Sei (SEI), Pepe (PEPE), Bonk (BONK), and Pump.fun (PUMP) are among nine altcoins Coinbase announced are now available as collateral for perpetual futures trading. The other tokens include Bittensor, Fartcoin, Pudgy Penguins, and Aerodrome Finance. Coinbase will offer these tokens…

AGI Open Network, a decentralized AI infrastructure provider, has partnered with DeepSafe, a blockchain entity using inclusive PoW+PoS consensus. The partnership is aimed at developing trustless AI agent validation while also fortifying Web3-based decentralized infrastructure. As the platform disclosed in its official X announcement, the collaboration is a notable move in improving the interoperability and security in the AI-driven blockchain ecosystem. Keeping this in view, the development is anticipated to accelerate adoption and provide exclusive opportunities for enterprises and developers engaging with decentralized and AI technologies. 🥳 We’re excited to announce our strategic partnership with @DeepSafe_AI!🎯 DeepSafe is a blockchain…

In the fast-evolving world of decentralized finance (DeFi), stablecoins play a crucial role in mitigating volatility and fostering adoption. A significant development has emerged from the Solana ecosystem, as Raydium, a prominent automated market maker (AMM) and liquidity provider, announced a major upgrade to its project launchpad. Specifically, Raydium LaunchLab has officially added support for USD1, a stablecoin issued by World Liberty Financial. This integration marks a pivotal moment, offering new avenues for stability and growth within the Solana network. What Does Raydium LaunchLab’s New USD1 Support Mean? Raydium LaunchLab serves as a vital platform for emerging crypto projects to…

The market is alarmed after an Ethereum wallet connected to the Ethereum Foundation unexpectedly came back to life after almost 10 years of inactivity. The recent transfer of 4,000 ETH (worth $17.13 million) to a new address by wallet 0x0F08 has sparked conjecture that additional movement of its holdings may have an effect on Ethereum’s price. The history of Ethereum is closely linked to this wallet. In 2015, when the total value of the tokens was only $91,000, or about $0.93 per ETH at the time, the Ethereum Foundation sent 97,500 ETH directly to the address. The wallet then sent…

Sberbank has come up with another investment option for Russians who want to bet their money on major cryptocurrencies like Bitcoin and Ethereum without actually owning them. The banking giant will pitch its new product to Russia’s young market for digital assets and derivatives that has been growing with the nod of the country’s generally crypto-sceptic central bank. Sberbank to issue perpetual DFA on BTC and ETH Russia’s largest bank is launching a perpetual digital financial asset (DFA) based on a basket of the leading cryptocurrencies by market capitalization, Bitcoin (BTC) and Ethereum (ETH). Anatoly Popov, deputy chairman of the…

Fresh off a partnership with the U.S. Department of Commerce, Chainlink co-founder Sergey Nazarov said the decentralized oracle network is collaborating with other Trump administration agencies to bring even more federal government functions on-chain.  The entrepreneur said a timeline for rolling out these partnerships has not yet solidified—but that he is hopeful “things can move quickly.” “All of these agencies and departments have their own processes, which is unpredictable for approvals,” Nazarov said in a video interview with Decrypt this week. “I can tell you we’re definitely moving ahead into a set of next steps, at least on the data…

As Hyperliquid seeks to develop an in-house stablecoin, some of the largest protocols in decentralized finance (DeFi) are courting governance voters in an effort to secure the USDH ticker and manage the ecosystem’s stablecoin. However, Haseeb Qureshi, managing partner at crypto investment firm Dragonfly, claims a ‘backroom deal’ has already been concluded. “Hearing from multiple bidders that none of the validators are interested in considering anyone besides Native Markets. It’s not even a serious discussion, as though there was a backroom deal already done. Native Markets’ proposal came out almost immediately after the USDH RFP was announced, implying they had…